PropTechInvestment

Birmingham-based field service management software provider Joblogic has landed a strategic growth investment of over £100m from global investor Vista Equity Partners.

The deal is set to accelerate the firm’s AI-first roadmap and European expansion as it continues to invest in solutions in the area.

The company is building trade-specific automation tools designed to support contractors and facilities managers across every stage of the job lifecycle.

It already counts more than 100,000 users across HVAC, plumbing, electrical maintenance, facilities management and other skilled trades, with its cloud-based platform helping to streamline workflows and automate routine processes. 

The company says its customers report significant productivity gains, such as Parr FM cutting invoicing time from 15 minutes to one minute per job, and Lorne Stewart Facilities Services scaling revenues from £50m to £75m using the platform.

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“This partnership marks an exciting milestone for Joblogic,” said co-founder and CEO Jim Whatmore. 

“Our goal has always been to simplify the complex reality of field service work to help our customers achieve efficiency and growth, and with Vista’s support we’re better positioned than ever to deliver on that. 

“We’re continuing to invest in our market-leading AI solutions to bring real intelligence to the job lifecycle, and we’re energised by the opportunity to move faster and serve our customers even more effectively.”

The investment follows the firm’s acquisitions of Clik Software in 2024 and Protean Software the year before, which were part of a wider push to expand its product capabilities and deliver new features that help customers to minimise risk, optimise resources and make smarter business decisions.

Ryan Atlas, managing director at Vista, added: “With strong customer advocacy and a pioneering focus on AI and automation, we believe Joblogic is well positioned to continue its impressive momentum and continue delivering the innovation and outcomes this rapidly digitalising market demands.”